I just found an ETF that inverslely tracks consumer confidence, when consumer confidence goes down, it's value goes up. It's riding at $109 a share I wish I would have had it last december it paid out a $33 dividend per share
If anyone's interested in researching it (I am not advising you to buy or sell any securities) here's a link
SCC: Summary for ULTRASHORT CONSUMER - Yahoo! Finance
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2/27/09
USA - GDP
Actual-6.20%|Forecast
-5.40%|Previous
-3.80%
The gross domestic product measures the total market value of all final goods, thus serving as an indicator for national income and output.
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USA - Michigan sentiment
Actual56.30|Forecast
56.00|Previous
56.20
This survey, conducted by Michigan University, gathers consumer expectations concerning the economy thus reflecting the overall level of consumer confidence.
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